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Stratford Way, Hemel Hempstead, HP3

East of England

£490,000
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
939 sqft

Description

This extended three-bedroom home in the sought-after Boxmoor area presents a promising opportunity for renovation and investment. The property features a convenient driveway for off-street parking, leading into a welcoming hallway that connects to a spacious living and dining area. An extension enhances the kitchen space, constructed with solid footings which opens up possibilities for additional rooms on the upper floor should you wish to expand further. The living room boasts patio doors that lead directly into the private garden, perfect for family gatherings or outdoor entertaining. The first floor hosts three well-proportioned bedrooms alongside a family bathroom, making it suitable for both families and investors looking to enhance its value through updates. Its prime location offers easy access to Hemel Hempstead train station and local amenities, as well as major road links including the M1 and M25, catering to commuters and families alike.

Investment Analysis

(HP3 area)

Above Market Value

This property is priced +13.7% above area average per sq ft

+13.7%
This Property
£522/sq ft
Area Average
£459/sq ft
Avg Rent (weekly)
£350
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£474,049
10% above area average per sq ft
Potential ROI
-10.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (HP3)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +3.8%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on HP3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Stratford Way, Hemel Hempstead, HP3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,767
Based on a loan of £367,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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